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Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.U | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

Bullboard Posts
Post by marketsenseon Jul 06, 2020 1:48pm
246 Views
Post# 31229623

Nat Gas/Renewables?

Nat Gas/Renewables?Using Renewable energy maybe political correct,  but it's more expensive and requires gov't
subsidies to remain competitive.  Gas is plentiful,  cheap and clean.   This political corectness
has gone out of control.  At a time of unbelievable deficits and astronomical debt levels,  it makes
no sense to shun gas over renewables.  The infrastructure is all in place to use and the industry
is developed and dedicated to deliver.  

The fact that Dominion Gas has given up is not something to ignore.   Its disturbing.  On the other
hand,  what is Warren Buffet seeing with his Bershire Hathaway purchase of those Dominion Gas
assets that Dominon is not seeing.  Pipelines in N America have lost their appeal but its like
a railway.  Once they're in place,  they tend to stay there for a long time and still can be used for
transportation.  That reality has value even though Renewables are the political correct choice of
today.  I like using gas and will continue to use it and I suspect millions of others will as well.

MS

Bullboard Posts